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A New Low. Inflation rates for the world’s bellwether cryptocurrency in the months leading up to the May 2020 halving event and after that remained consistent in the 3.6% – 4.0% and 1.8% – 2.0% ranges respectively. That is, until literal May-hem descended upon the crypto market — inflation rates almost touched the 1.0% mark before heading back upwards into range, but that did not last long. On June 27, 2021, rates fell to a historic low of 0.71%, the cause of which has been attributed to China’s recent crackdown on its domestic mining industry.